Article Image

IPFS News Link • Economy - Economics USA

Crude Surges After DOE Reports Biggest Inventory Draw In 4 Months

• Zero Hedge

The biggest draw in almost 4 months sent crude surging back to $39. Cushing continues to fill up, with a 423k build - the 5th week in a row. Production dropped the most in 2 months (with both Alaska and The Lower 48 dropping).

Biggest crude inventory draw in 4 months...